With an election that could reshape state government on the horizon, interest groups and officeholders are raising large amounts of money for political action committees, also known as PACs. According to MCFN's analysis, Michigan PACs are on a record fundraising pace with three months remaining before the general election.
The four main groups that raise money to elect Michigan lawmakers have more cash available at the start of 2018 than they’ve ever had at the start of an election year. And it’s not even close. The House Democratic Fund, the House Republican Campaign Committee, the Senate Democratic Fund and the Senate Republican Campaign Committee raise money on behalf of the four legislative caucuses.
Four groups that are consistently among the top campaign spenders in Michigan are sitting on a strikingly massive amount of money for this early in an election cycle. As of Oct. 20, 2017 — just over a year before the 2018 election — those four committees reported having a combined $6.48 million available in their accounts. That total is up millions of dollars compared to where they were at this point in past gubernatorial election cycles.
The top 150 PACs in Michigan have combined to raise $12.2 million so far in 2017, according to an analysis of new campaign finance disclosures. The total, which includes dollars raised as of July 20, is up about 11 percent over the same measure at the same point in the 2015-2016 election cycle.
posted on 08/09/2017
Your financial support enables us to do research you won't find anywhere else.